Entrepreneurship Startups Online Business

The process of designing, launching, and running a new business, typically starting as a small business offering a product, process, or service for sale or hire.

A young company founded to develop a unique product or service, bring it to market, and make it irresistible and irreplaceable for customers, often characterized by high growth potential.

A plan for how a company will generate revenue and make a profit, identifying products/services, target market, and anticipated expenses.

Funding a startup using personal savings, revenue from the business, or minimal outside investment, without relying on venture capital or large loans.

A statement that explains how a product or service solves a problem, delivers benefits, and why customers should buy from you rather than competitors.

The simplest version of a product that can be released to test a business hypothesis and gather validated learning from early customers with minimum effort.

The degree to which a product satisfies strong market demand, meaning you have found a good market with a product that can satisfy that market.

A fundamental change in business strategy when a company realizes its current products or services aren't meeting market needs, while keeping one foot rooted in what has been learned.

A form of private equity financing provided by firms or funds to startups and early-stage companies deemed to have high growth potential in exchange for equity.

A high-net-worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity or convertible debt.

A brief presentation (typically 10-20 slides) used by entrepreneurs to provide a quick overview of their business plan to potential investors.

The rate at which a startup spends its venture capital to finance overhead before generating positive cash flow, typically expressed as cash spent per month.